IQNavigator – Opening up the SOW Kimono (Part 2) [Plus+]

It’s not surprising that IQNavigator’s statement of work customers are prioritizing a range of different goals and outcomes. On a foundational level, one organization in the financial services industry is using IQNavigator’s SOW capability to manage some $200MM in annual SOW spend, primarily to “track changes and manage approvals for SOW scope, timing, cost and delivery” resources as well as to maintain “full budget and cost controls.” Justifying the business case for SOW, this organization has realized an average of ten change orders for projects lasting a year or more (on a per-year basis).